Ansys Inc Stock Market Value
| ANSS Stock | USD 352.14 2.14 0.61% |
| Symbol | ANSYS |
ANSYS Inc Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ANSYS. If investors know ANSYS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ANSYS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.284 | Earnings Share 6.48 | Revenue Per Share 28.309 | Quarterly Revenue Growth 0.312 | Return On Assets 0.0609 |
The market value of ANSYS Inc is measured differently than its book value, which is the value of ANSYS that is recorded on the company's balance sheet. Investors also form their own opinion of ANSYS's value that differs from its market value or its book value, called intrinsic value, which is ANSYS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ANSYS's market value can be influenced by many factors that don't directly affect ANSYS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ANSYS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ANSYS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANSYS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ANSYS 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ANSYS's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ANSYS.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ANSYS on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ANSYS Inc or generate 0.0% return on investment in ANSYS over 30 days. ANSYS is related to or competes with Autodesk, ServiceNow, Workday, Salesforce, Roper Technologies,, Manhattan Associates, and Guidewire Software. ANSYS, Inc. develops and markets engineering simulation software and services worldwide More
ANSYS Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ANSYS's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ANSYS Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.76 |
ANSYS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANSYS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANSYS's standard deviation. In reality, there are many statistical measures that can use ANSYS historical prices to predict the future ANSYS's volatility.| Risk Adjusted Performance | 0.0635 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1127 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ANSYS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ANSYS Inc Backtested Returns
Currently, ANSYS Inc is very steady. ANSYS Inc secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ANSYS Inc, which you can use to evaluate the volatility of the firm. Please confirm ANSYS's risk adjusted performance of 0.0635, and Mean Deviation of 1.18 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. ANSYS has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.01, which signifies a somewhat significant risk relative to the market. ANSYS returns are very sensitive to returns on the market. As the market goes up or down, ANSYS is expected to follow. ANSYS Inc currently shows a risk of 1.66%. Please confirm ANSYS Inc value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if ANSYS Inc will be following its price patterns.
Auto-correlation | 0.72 |
Good predictability
ANSYS Inc has good predictability. Overlapping area represents the amount of predictability between ANSYS time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANSYS Inc price movement. The serial correlation of 0.72 indicates that around 72.0% of current ANSYS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 32.49 |
ANSYS Inc lagged returns against current returns
Autocorrelation, which is ANSYS stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ANSYS's stock expected returns. We can calculate the autocorrelation of ANSYS returns to help us make a trade decision. For example, suppose you find that ANSYS has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ANSYS regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ANSYS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANSYS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANSYS stock over time.
Current vs Lagged Prices |
| Timeline |
ANSYS Lagged Returns
When evaluating ANSYS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANSYS stock have on its future price. ANSYS autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ANSYS autocorrelation shows the relationship between ANSYS stock current value and its past values and can show if there is a momentum factor associated with investing in ANSYS Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ANSYS Stock Analysis
When running ANSYS's price analysis, check to measure ANSYS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ANSYS is operating at the current time. Most of ANSYS's value examination focuses on studying past and present price action to predict the probability of ANSYS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANSYS's price. Additionally, you may evaluate how the addition of ANSYS to your portfolios can decrease your overall portfolio volatility.